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Nordic III Early-Stage Venture Capital Fund Grant

organisation

A climate venture fund based in Sweden

In context

This call is open to startups, at pre-seed and seed stage. Funding is an equity investment of Up to $110,000,000. Coverage is read from the notice itself: Sweden, Norway and Denmark and 2 others.

Summary

An early-stage venture capital fund investing in pre-seed and seed-stage tech startups founded by Nordic entrepreneurs with global ambitions. The fund targets companies in AI, SaaS, healthtech, fintech, and climate-adjacent sectors.

Summary by Raise Lens from the official notice · 4 Oct 2026Accurate?

About this grant

Early-stage tech investments in Nordic founders with global ambitions. Targets pre-seed and seed stage companies across AI, SaaS, healthtech, fintech, and climate-adjacent sectors. First close at €40M (~$44M) towards a €100M (~$110M) target.

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Frequently asked questions

How much funding does this grant offer?
Nordic III Early-Stage Venture Capital Fund offers up to $110M.
Who can apply for Nordic III Early-Stage Venture Capital Fund?
Eligibility covers organisations in SE, NO, DK, FI, IS; startup. The full eligibility conditions are part of the Pro detail.

Relevant sectors